Help Employers Use Benchmarks To Improve Their DI Experience

Industry-specific and demographic disability income claims data can give employers a way to benchmark their own disability experience. Because the 10% of the employees who are out on disability leave in any given year typically account for about 50% of the employees' medical expenditures, these...

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Veröffentlicht in:National Underwriter. Life & Health 2005-05, Vol.109 (19), p.22
1. Verfasser: Leopold, Ronald S
Format: Artikel
Sprache:eng
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Zusammenfassung:Industry-specific and demographic disability income claims data can give employers a way to benchmark their own disability experience. Because the 10% of the employees who are out on disability leave in any given year typically account for about 50% of the employees' medical expenditures, these suggestions can have a noticeable impact on employee health, employee productivity and the employer's bottom line. Just as industry-specific data can tell one story about an employer, workforce demographics also can tell a story. Employer enthusiasm is at least as important in efforts to increase employee participation in wellness programs as it is in efforts to increase employee participation in voluntary benefit plans.
ISSN:1940-1345